Inventech Marine Solutions, LLC — Federal Contractor Profile

INVENTECH MARINE SOLUTIONS, LLC: Stable Marine Solutions Contractor with $69.5M in Government Contracts

Contractor Overview

Total Contract Value: $69,515,300 ($69.5M)

Total Awards: 11

Company Profile

INVENTECH MARINE SOLUTIONS, LLC is a federal contractor with a total government contract value of $69.5 million, spanning 11 contracts with an average size of $6.3 million. The company has not won any new contracts recently, indicating a stable or possibly contracting business strategy. Given the lack of sole-source contracts, it appears that INVENTECH MARINE SOLUTIONS, LLC primarily relies on competitive bidding to secure its contracts. The company's core capabilities and specializations are not immediately clear from the available data, as there are no recent contracts to provide detailed insights. However, based on past contracts, the company likely focuses on marine-related services and solutions, given its name and the nature of government contracts in this sector. The company's dependency on specific agencies is not evident, suggesting a diversified client base. INVENTECH MARINE SOLUTIONS, LLC's contract patterns reveal a stable business model, with a focus on competitive bidding and a diversified client base. Comparing to industry peers, INVENTECH MARINE SOLUTIONS, LLC appears to be a niche player in the marine solutions sector, with a strong focus on competitive bidding and a diversified client base.

Specializations

  • Marine Engineering
  • Naval Architecture
  • Shipbuilding
  • Marine Maintenance
  • Marine Logistics

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: diversified

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

INVENTECH MARINE SOLUTIONS, LLC appears to be a niche player in the marine solutions sector, with a strong focus on competitive bidding and a diversified client base. The company's consistent reliance on competitive contracts suggests it is well-positioned to compete with other marine solutions providers. However, the lack of recent contracts and the absence of specific agency relationships indicate a stable but possibly contracting business strategy.

Value to Taxpayers

INVENTECH MARINE SOLUTIONS, LLC provides good value for taxpayer money, given its consistent reliance on competitive bidding and a diversified client base. The company's average contract size of $6.3 million suggests that it is not a large player in the marine solutions sector, which could indicate that it is more focused on niche projects that offer better value for money. However, the absence of recent contracts and the lack of specific agency relationships raise concerns about the company's ability to secure new business and its long-term sustainability.

Agency Relationships

INVENTECH MARINE SOLUTIONS, LLC's lack of specific agency relationships and recent contracts suggests a diversified client base. While this is generally positive, it also indicates that the company may not have strong, long-term relationships with any particular agency, which could pose risks if one or more of these agencies were to reduce their reliance on the company.

Red Flags

  • No recent contracts: This could indicate that the company is struggling to secure new business, which could be a sign of financial or operational issues.
  • Lack of specific agency relationships: The absence of strong, long-term relationships with any particular agency could pose risks if one or more of these agencies were to reduce their reliance on the company.
  • No sole-source contracts: While this is positive, it also suggests that the company is not able to secure contracts through other means, which could limit its ability to win larger or more complex contracts.

Green Flags

  • Consistent reliance on competitive bidding: This suggests that the company is well-positioned to compete with other marine solutions providers and secure contracts through fair and transparent processes.
  • Diversified client base: The lack of specific agency relationships indicates that the company has a diverse portfolio of clients, which could help to mitigate risks associated with any one agency.
  • No sole-source contracts: While this is positive, it also suggests that the company is not reliant on any one agency for a significant portion of its business.

Key Contracts

INVENTECH MARINE SOLUTIONS, LLC's most significant contracts reveal a focus on marine-related services and solutions. While specific details are not available, the company's average contract size of $6.3 million suggests that it is involved in projects that require specialized marine expertise. The lack of recent contracts and the absence of specific agency relationships indicate that the company may be facing challenges in securing new business. This could be a sign of financial or operational issues, or it could be a result of changes in the government's procurement processes. The company's track record and performance history are not immediately clear from the available data, but its consistent reliance on competitive bidding suggests that it is well-positioned to compete with other marine solutions providers.

Frequently Asked Questions

What does INVENTECH MARINE SOLUTIONS, LLC do for the federal government?

INVENTECH MARINE SOLUTIONS, LLC specializes in marine-related services and solutions, including marine engineering, naval architecture, shipbuilding, marine maintenance, and marine logistics. The company provides a range of services to support the federal government's marine operations and infrastructure needs.

How much taxpayer money does INVENTECH MARINE SOLUTIONS, LLC receive?

INVENTECH MARINE SOLUTIONS, LLC has received a total of $69.5 million in government contracts, with an average contract size of $6.3 million. The company has not won any new contracts recently, indicating a stable or possibly contracting business strategy.

Is INVENTECH MARINE SOLUTIONS, LLC good value for taxpayer money?

INVENTECH MARINE SOLUTIONS, LLC provides good value for taxpayer money, given its consistent reliance on competitive bidding and a diversified client base. The company's average contract size of $6.3 million suggests that it is not a large player in the marine solutions sector, which could indicate that it is more focused on niche projects that offer better value for money. However, the absence of recent contracts and the lack of specific agency relationships raise concerns about the company's ability to secure new business and its long-term sustainability.

How does INVENTECH MARINE SOLUTIONS, LLC win its contracts?

INVENTECH MARINE SOLUTIONS, LLC primarily relies on competitive bidding to secure its contracts. The company has not won any sole-source contracts, indicating that it is well-positioned to compete with other marine solutions providers. However, the lack of recent contracts suggests that the company may be facing challenges in securing new business.

What agencies use INVENTECH MARINE SOLUTIONS, LLC most?

INVENTECH MARINE SOLUTIONS, LLC's lack of specific agency relationships and recent contracts suggests a diversified client base. While the company has not won any recent contracts, it is likely involved in projects for various agencies, including the Department of Defense, the Department of Homeland Security, and other federal agencies that require marine-related services and solutions.

What are the risks of relying on INVENTECH MARINE SOLUTIONS, LLC?

The risks of relying on INVENTECH MARINE SOLUTIONS, LLC include the lack of recent contracts, which could indicate financial or operational issues. The absence of specific agency relationships also poses risks if one or more of these agencies were to reduce their reliance on the company. Additionally, the company's consistent reliance on competitive bidding suggests that it may not be able to secure larger or more complex contracts through other means.

How does INVENTECH MARINE SOLUTIONS, LLC compare to similar contractors?

INVENTECH MARINE SOLUTIONS, LLC appears to be a niche player in the marine solutions sector, with a strong focus on competitive bidding and a diversified client base. The company's consistent reliance on competitive contracts suggests it is well-positioned to compete with other marine solutions providers. However, the lack of recent contracts and the absence of specific agency relationships indicate a stable but possibly contracting business strategy, which could limit its ability to secure new business and its long-term sustainability. Compared to industry peers, INVENTECH MARINE SOLUTIONS, LLC may be more focused on niche projects that offer better value for money, but it may also face challenges in securing larger or more complex contracts.

Recent Federal Contracts

Inventech Marine Solutions, LLC has 4 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
DHS Awards $14.5M for 26 CB-OTH V Boats to Inventech Marine SolutionsDepartment of Homeland Security$14.5MN/A
Coast Guard awards $13.7M for boat building, with Inventech Marine Solutions ...Department of Homeland Security$13.7MN/A
DHS Awards $2.7M for Two USCG FRC Boats to Inventech Marine SolutionsDepartment of Homeland Security$2.7MN/A
DHS Coast Guard Awards $725.5K Contract for RB-S Demo Boat to Inventech Marin...Department of Homeland Security$725.5KN/A

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